Revenues for Q4 FY2012 increased $4.0 million, or 1.5%, to $275.8 million from $271.8 million for Q4 FY2011, and increased 10.5% for the year, to $1.1 billion. As previously announced, non-cash impairment charges were recorded in Q4 and FY2012 to reduce the carrying value of goodwill and other intangible assets. The charges were recorded in th...

MISSION WOODS, Kan., March 22, 2012 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) ("Layne" or "the Company"), today announced that it expects to record a non-cash after-tax impairment charge in the fourth quarter of its fiscal year ended January 31, 2012 of between $70 and $80 million, primarily to reduce goodwill and intangible asset...

MISSION WOODS, Kan., Nov. 23, 2011 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) will host a conference call and webcast with analysts and investors on Thursday, December 8, 2011, at 10:00 a.m. Central Time (11 a.m. Eastern Time) to discuss fiscal 2012 third quarter results. The conference call will be broadcast live over the inte...

MISSION WOODS, Kan., Aug. 24, 2011 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) will host a conference call and webcast with analysts and investors on Wednesday, September 7, 2011, at 10:00 a.m. Central Daylight Time (11 a.m. Eastern Daylight Time) to discuss fiscal 2012 second quarter results. The conference call will be broa...

Revenues for the quarter increased $36.7 million, or 15.9%, to $267.4 million from $230.7 million last year. Net income for the quarter increased 98.8% to $13.1 million, or $0.66 per share, compared to $6.6 million, or $0.34 per share last year. Activity in the Mineral Exploration Division continues to improve compared to prior year with ...

Revenues for the year were a record, exceeding $1 billion for the second time in the Company's history. Net income for the fourth quarter was $8.8 million, or $0.45 per share, compared to $2.4 million or $0.12 per share last year. Net income for the year was $30.0 million, or $1.53 per share, compared to $1.4 million, or $0.07 per share l...

MISSION WOODS, Kan., March 22, 2011 (GLOBE NEWSWIRE) -- Layne Christensen Company ("Layne") (Nasdaq:LAYN) today announced the recent acquisition on February 28, 2011 of Wildcat Civil Services (Wildcat), a cured-in-place rehabilitation company based in Kiowa, Colorado. Wildcat provides pipeline rehabilitation services to clients along the Rocky Moun...

MISSION WOODS, Kan., Nov. 22, 2010 (GLOBE NEWSWIRE) -- Layne Christensen Company (Nasdaq:LAYN) will host a conference call and webcast with analysts and investors on Tuesday, December 7, 2010, at 10:00 a.m. Central Standard Time (11 a.m. Eastern Standard Time) to discuss fiscal 2011 third quarter results. The conference call will be broadcas...

MISSION WOODS, Kan., Oct. 10, 2010 (GLOBE NEWSWIRE) -- "Plan B" worked. Winning the three-way race to reach the 33 miners trapped in Chile since Aug. 5, drillers from Kansas City-based Layne Christensen Co. broke through at 8 a.m. Saturday. "This success required the extra special knowledge and skills only our team could provide," said Dave Sing...

MISSION WOODS, Kan., Aug. 25, 2010 (GLOBE NEWSWIRE) -- Layne Christensen Company ("Layne") (Nasdaq:LAYN) today announced the acquisition of a 50% interest in Diberil Sociedad Anonima, a Uruguayan company and parent company to Costa Fortuna (Brazil and Uruguay). Costa Fortuna, with operations in Sao Paulo, Brazil and Montevideo, Uruguay, is one of ...